Will TikTok Ever Actually Be Banned in the U.S.?TikTok was granted another extension to find a U.S.-based buyer, and the deadline has once again come and gone without any action. The app remains in app stores.

ByBrittany Vincent

This story originally appeared onPC Mag

Rafael Henrique/SOPA Images/Getty Images via PC Mag

TikTok's status in the United States remains uncertain. Recently, the Committee on Foreign Investment in the United States (CFIUS) granted parent company ByteDance yet anotherextensionto find a buyer. That period has come and gone, but according toBloomberg, that won't matter much in the interim.

Bloomberg's sources claim that TikTok won't be banned or assigned a new deadline. TikTok will continue talks with the US government to meet the prerequisites in place for a buyer. That means the video platform is essentially in limbo for now.

"The Committee is engaging with ByteDance to complete the divestment and other steps necessary to resolve the national security risks arising from the transaction, consistent with the President's August 14 Order," a Treasury spokesperson said in a statement.

This situation has been ongoing since August. President Donald Trump called ByteDance and its TikTok app a threat to national security. His administration ordered ByteDance to sell its US-based business. The US Commerce Department then pushed an order toblock TikTok downloads in the US, which did not come to pass.

Following his declaration, Trumpgave preliminary approvalof a special deal between Walmart and Oracle to create the US-based entity known as "TikTok Global." But not much has happened since then, except for several delays in banning TikTok from US app stores.

The latest deadline to come and go was Dec. 4. It's unclear how long TikTok will remain in this holding pattern. Currently, the app is still available to download and use as normal.

Wavy Line
Brittany Vincent has been covering video games and tech for over a decade for publications such asG4,Maximum PC,Joystiq,Complex,IGN,GamesRadar,Polygon,Kotaku,Maxim,GameSpot,Shacknews,Yahooand more. She's also appeared as a speaker at video game conventions such as PAX East and has coordinated social media for companies likeCNETandNBCUniversal. When she's not writing or gaming, she's coveting that gaudy Dreamcast backpack from the Segakawaii line. Someday.

Editor's Pick

Related Topics

Business Culture

The Newest Workplace Trend Has HR Sounding The Alarm

人力资源部门如何handle "quiet quitting," but a new trend is taking over.

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Business News

Taco Bell Slammed With Lawsuit Over 'Especially Concerning' Advertisements, Allegedly Deceiving Customers

The class action lawsuit claims the chain is advertising more than they deliver.

Business News

Body of Missing 27-Year-Old Goldman Sachs Banker Found in Nearby Body of Water

John Castic, a 27-year-old Goldman Sachs employee, went missing around 2:30 a.m. on Saturday after attending a concert at the Brooklyn Mirage in East Williamsburg.

Business News

McDonald's Is Launching a Spinoff Restaurant Chain Based on a Beloved, Blast-From-the-Past Mascot

The company saw a lot of success with another former mascot, Grimace, in June.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.